Beacon Minerals Limited · ASX:BCN
Beacon Minerals — Corporate Update (March 2007)
13 slides from Beacon Minerals's corporate update, Mar 26, 2007
Slide 1: Company Update March 2007
Slide 2: Company Overview
Company Overview ASX Code - BCN Shares listed on ASX 21.5 M Escrowed shares 12.3 M TOTAL 33.8 M Director Options 6.0M Trading Range – 17c to 67.5 c Cash on hand $3.5M Entitlement Options 17M @ 20c (BCNO) Market Cap @ 42c = $24M (fully diluted)
Slide 3: Beacon Projects
BEACON PROJECTS Greenvale Project Copper-gold-moly Zinc Barlee Project Gold Nickel/PGE Uranium Pioneer Project Gold
Slide 4: Greenvale Project
GREENVALE PROJECT • Over 400 sq km of tenure, either 100% or 80% (earning) with GGY JV • Close to existing mines and infrastructure • Minimal systematic exploration • Three major targets; • Cu-Au-Mo-Ag (porphyry) • Au-Zn-Cu (Balcooma-type VMS) • Shear-hosted Au
Slide 5: Cockie Prospect
COCKIE PROSPECT @ Beacon Drillhole @ = 1988-90 Drilihole Mineralised Trend Cockie West i_| +0.5% Cu a0I0.8 rue —_ inc. 6/2.0 42/0/16 34/1.0 34m @1.0% Cu mu 1810.6 a inc. 7/0.9 inc. 7/0.8 13/0.5 3m @ 9.1g/t Au (below copper zone) 1410.5 emg - fe ‘% 32/0.6 inc. 5/1.0 Cockie East ra ‘ie } é rd a + / a
Slide 6: Cockie Prospect
COCKIE PROSPECT 40m @ 0.8% Cu, 0.11g/t Au (0-40m) inc. 6m @ 1.8% Cu, 0.42g/t Au (28-34m) Greenvale Project - Cockie Prospect Section 2000N CRC002 Beacon Drillhole P16 1988-90 Drillhole [ +0.5% Cu Amphibolite/Sediment Tonalite Schist 34m @ 1.0% Cu, 0.17g/t Au, 1.5g/t Ag, 150ppm Mo _ (8-42m) Leon*™ oe
Slide 7: Cockie Prospect
COCKIE PROSPECT • Porphyry –related Copper-Gold-Silver-Molybdenum • Mineralisation at surface – oxide potential • Only 4% of 22 km drill tested ! – Further drilling planned (April-May). Significant RC intercepts (BCN) 34m @ 1.0% Cu, 0.17g/t Au, 1.5g/t Ag, 150 ppm Mo 66 m @ 0.61% Cu, 0.1 g/t Au, 1.4
Slide 8: Greenvale - Regional
GREENVALE - REGIONAL Cockie Springs Tonalite 265000 Cockie West & East - Drilling (Beacon and Historical) 34m @ 1.0% Cu, 0.16g/t Au, 1.4 g/t Ag, 150ppm Mo 66m @ 0.61% Cu, 0.1 g.t Au, 1.4 g.t Ag, 170ppm Mo 40m @ 0.8% Cu, 0.4g/t Au 24m @ 0.9% Cu, 0.1 g/t Au Corella Anomaly 21m @ 0.7% Cu, 0.14 g.t Au,
Slide 9: Targets
TARGETS Drilling (Cu-Au-Ag-Mo) • Cockie East & West • Cockie Trend (Au) • Steam Engine OTHER – Corella +/- Regional Targets Regional Exploration • Soil Sampling • VTEM survey
Slide 10: Barlee Project
BARLEE PROJECT E77/1297 GOLD • Over 340 km2 of Greenstone – Under Explored • Numerous prospects/targets • New exploration model • Recent drilling returned significant results URANIUM • Large 16 km long calcrete paleo-drainage with several U anomalies • No previous exploration for U
Slide 11: Barlee Gold Project
BARLEE GOLD PROJECT • New exploration model • 4m @ 9.3 g/t • 12m @ 2.1 g/t • 8m @ 2.7g/t inc. 4m @ 5g/t • 8m @ 2.5 g/t • 8m @ 2.4 g/t • 8m @ 1.7 g/t inc. 4m @ 3g/t) • 35m @ 0.8 g/t inc. 4m @ 3.2 g/t Anomalous Ni-PGE-Cu from ultramafics PGE to 0.2g/t (Pt+Pd), 0.1% Cu, 0.2% Ni Further Drilling Planned
Slide 12: Barlee Project - Uranium
Barlee Project - Uranium • Regional overview identified targets, new ELA pegged to secure ground (100% BCN) • Multiple uranium anomalies identified within 16km long calcrete drainage system at Barlee • Strongest target, the Mondie 1 anomaly is over 2000m x 500m in size • Other U companies active in
Slide 13: Contact details
Level 2, 46 Ord St West Perth, WA, 6005. Ph: 08-9476 9200 Fax: 08-9476 9099 Lyle Thorne (Managing Director) Paul Lloyd (Chairman) website: beaconminerals.com